Demex Daily #276: Ethereum Turns 11 - A Decade of Innovation and Institutional Adoption
What’s Interesting Today:
The Ethereum white paper, first shared by co-founder Vitalik Buterin in November 2013, has turned 11 years old, marking a significant milestone in blockchain history. Over the next decade, Ethereum is expected to see increased institutional adoption, driven by its foundational role in decentralized finance (DeFi) and the introduction of smart contracts that facilitate trustless transactions across various industries, including finance and tourism. However, the need to address security concerns and interoperability challenges remains critical for Ethereum’s growth. Experts predict that robust security measures and improved user experience will be essential for attracting mainstream users and achieving wider adoption in the coming years.
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TON has designated 2025 as its year for decentralized finance (DeFi), partnering with Curve Finance to launch a competition that aims to identify leaders in stable asset swaps. This initiative focuses on developing lending solutions, liquidity staking, and Constant Product Market Maker protocols, with plans to establish bridges for integrating major stablecoins from other networks. Seventy teams participated in the competition, resulting in Torch Finance and Crouton Finance emerging as winners, each receiving $150,000 for audits and initial liquidity for new stablecoin pools. Additionally, seven venture capital firms have committed $2.3 million to support the winners, alongside a forthcoming $500,000 in incentives to promote stablecoin exchanges between the TON ecosystem and EVM networks.
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